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US expected to allocate $88mln for Georgia next year

Business-Economics
03.29.2022 / 09:14
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The United States has plans to allocate 88 million USD for Georgia in 2023, the draft document of the US Department of State 2023 budget reads.

 

The document says that the funds will support Georgia’s democratic development, economic development, and Euro-Atlantic integration, as well as build resilience to counter “Kremlin malign influence.”

 

The US says that the funding will also help strengthen institutional checks and balances and the rule of law; support efforts led by Georgian civil society to advance democratic and economic development; improve access to independent, reliable, and balanced media; promote political pluralism; support reconciliation efforts including in Abkhazia and South Ossetia; increase energy security and advance clean energy; promote reforms necessary to foster economic development and diversification; advance digitalization and strengthen cyber security and resilience; expand private-sector competitiveness and agricultural productivity; and attract foreign investment.

 

The document says that the increased funding will help enhance energy security and cybersecurity, as well as economic opportunities and integration for populations susceptible to Russian malign influence.

 

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